Friday, April 4, 2025

Stock market messages for investors: Dollarama clips for Impact, Stellanti’s hits pause and clothing shares, while the USA impose tariffs

The strong tariffs disrupt the highly integrated auto industry based on the free trade in North America.

Car manufacturers still have some exhaustion since the tariffs for vehicles are within the queue of the free trade agreement in Canada-US-Mexico. However, this is just until the USA determines the way it is just freed the worth of us within the vehicle.

Other automobile manufacturers in Canada also take care of navigation through the disturbing developments, but some urge production.

Honda Canada confirmed that his work Alliston, Ontario, wherein greater than 4,000 employees are employed and around 400,000 civics and CR-Vs are produced a 12 months.

“We work with our production, parts, trading and logistics providers across North America to understand the effects of the announced US tariffs, and we will pursue a measured, thoughtful approach to actively tackle both direct and future effects,” said spokesman Ken Chiu.

Toyota Canada, which produces around 350,000 RAV4S and 110,000 Lexus crossovers in its plants in Cambridge and Woodstock, Ontario, Ontario, around 350,000 RAV4S and 110,000, didn’t confirm production either.

“Although this is still a very fluid situation, we have no plans to change our production in the foreseeable future. Our vehicles are in high demand and we will continue to build to plan,” said spokesman Philippe Crowe in a press release.

“At the same time, we will continue to work with our federal and provincial governments for a sustainable solution.”

Other automobile manufacturers, including Ford and GM, didn’t immediately answer a request for comments.

The tariffs will force the shutdown of many other automobile systems, said Flavio Volpe, President of the Automotive Parts Manufacturers’ Association, on social media, shortly after Trump confirmed that he was continued with the automobile bands.

According to Polpe, that Canada avoided mutual tariffs and yet exposed to automobile and metal tariffs, be it like “avoiding a ball in the way of a tank”.

Lana Payne, National President of Unifor, said in a press release that Trump clearly tried to pick out the Canadian industries individually.

“The reality is that this trade war is just starting and Canada still has the pain of the US trade sentences disproportionately worse than any country in the world. That is why Canada needs the best possible reaction to these tariffs while we are working on building a more resistant Canadian economy.”

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